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Message: Re: Electrovaya Receives US$14 Million Battery Order from Existing Fortune 500 Customer

This is great news! These last two customers (17.4M US) will probably account for more than half of the FY guidance for 2023 since they expect more orders from both of them. "The company anticipates additional orders from this customer for later delivery and alternative equipment". I believe they usually include chargers in their order announcements so the "alternative equipment" might be AGV's/robotics IMO. They have 10 fortune 100 customers now and multiple fortune 500 customers and they still have to announce expanded OEM relationships and truck and bus OEM partners. This really looks like it's starting to snowball now.

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